Truist Financial Corp Takes $4.65 Million Position in Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC)

Truist Financial Corp purchased a new position in shares of Federated Hermes MDT Large Cap Core ETF (NYSEARCA:FLCC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 165,906 shares of the company’s stock, valued at approximately $4,646,000.

Federated Hermes MDT Large Cap Core ETF Stock Down 1.8 %

Shares of NYSEARCA FLCC opened at $28.90 on Monday. The firm has a 50-day moving average price of $28.88 and a 200 day moving average price of $27.78. Federated Hermes MDT Large Cap Core ETF has a 52 week low of $24.00 and a 52 week high of $29.84. The stock has a market capitalization of $13.44 million and a price-to-earnings ratio of 23.62.

About Federated Hermes MDT Large Cap Core ETF

The Federated Hermes MDT Large Cap Core ETF (FLCC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing primarily in large-cap US companies within the Russell 1000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management.